Driving a convertible during the COVID-19 pandemic ‘doesn’t present any great...
Cars are a great socially distant mobility solution during the COVID-19 pandemic.It's also perfectly safe to drive a convertible during this time, according to Paula Cannon, a molecular microbiology and immunology professor at USC's Keck School of Medicine.The main thing is to make sure the inside of your car hasn't been exposed to the virus.Visit…
Tariffs hit American whiskey producers hard in Europe
LOUISVILLE, Ky. (AP) — American whiskey distillers have watched more than $300 million in export revenues evaporate in the two years since becoming entangled in a trade dispute between the Trump administration and the European Union, according to estimates in a new report.Exports of American whiskey — mostly bourbon, Tennessee whiskey and rye whiskey —…
Test maker targeted by FDA says it responded to US concerns
WASHINGTON (AP) — A company targeted by the Food and Drug Administration for selling unauthorized coronavirus antibody tests says it has responded to regulators’ concerns, though it has no business operations in the U.S.The Food and Drug Administration announced Wednesday it had sent warning letters to three companies selling at-home blood tests, none of which…
Vos company received $150K-$350K in coronavirus loans
MADISON, Wis. (AP) — Wisconsin Assembly Republican Speaker Robin Vos’ popcorn company received tens of thousands of dollars through a federal small business lending program intended to support the economy during the coronavirus pandemic, according to data released Monday.Robin J. Vos Enterprises in Burlington received between $150,000 and $350,000 through the Paycheck Protection Program, according…
California wants judge to force Uber, Lyft to hire drivers
SACRAMENTO, Calif. (AP) — California’s attorney general and a group of city attorneys on Wednesday escalated their lawsuit targeting the business model of ride-hailing giants Uber and Lyft, announcing they will request a judge immediately compel the companies to hire their drivers as employees.The maneuver comes after the state and three cities sued the companies…
Washington tribes sue insurance group for virus coverage
BREMERTON, Wash. (AP) — Two Washington state Native tribes sued a group of insurance providers they said have not covered claims for business losses resulting from the coronavirus.The Suquamish and Port Gamble S’Klallam tribes and their business arms filed separate lawsuits against Tribal First Alliant Underwriting Solutions, The Kitsap Sun reported Sunday.The civil claims filed…
Investors have zero conviction in where the stock market goes from...
Andrew Kelly/Reuters Investors have zero conviction in where the stock market is headed from here, according to a survey published by DataTrek on Monday. When asked where do you think the S&P 500 will end the year, investor responses were almost evenly split to down more than 10%, up more than 10%, and everything in…
Bank of America’s Erica usage is spiking during the coronavirus lockdown
This story was delivered to Insider Intelligence Banking Briefing subscribers earlier this morning.Insider Intelligence publishes hundreds of research reports, charts, and forecasts on the Banking industry with the Banking Briefing. You can learn more about subscribing here.As the coronavirus pandemic changes the way US consumers handle their banking functions, placing greater emphasis on digital channels, Bank…
A Wall Street chief strategist says US stocks have ‘considerable upside’...
Reuters / Brendan McDermid Stocks have upside from current levels even given the size and scope of the market rally from March lows, according to Leuthold Group. "If a new bull market has begun, despite the size and speed of this year's rally, there is still favorable upside potential over the next couple of years,"…
West Virginia jobless rate falls to 12.9% amid reopenings
CHARLESTON, W.Va. (AP) — West Virginia’s unemployment rate fell to 12.9% last month, buoyed by business reopenings during the coronavirus pandemic, according to figures released Tuesday.The state’s jobless rate dropped 2.1 percentage points in May as nonfarm employment rose 13,300 and a wave of businesses got the go-ahead from Gov. Jim Justice to resume operations.WorkForce…
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As a wealth manager for over 20 years, I see millennials miss 3 key...
Professional credentials come first when looking for a financial planner, but millennials should also be looking for someone with a good network, and a succession plan. Sandi Bragar, CFP, partner and managing director in planning strategy and research at Aspiriant, found that no matter how diligent millennials are in their research and interview questions, they often…
How Facebook boycott participants will change their spend
This story was delivered to Insider Intelligence eMarketer Briefing subscribers earlier this morning.Insider Intelligence analyzes this industry and several others to provide in-depth analyst reports, proprietary forecasts, customizable charts, and more. Learn more about what we offer.Advertisers are pulling money from Facebook and other social media — but that probably won't do much to benefit…
WHO: We’re not seeing a ‘second wave.’ Coronavirus cases are spiking because lockdown rules...
New surges in coronavirus cases in some countries and states have been called a "second wave." But most places in the world are "still very much in the throes" of a first wave, a World Health Organization leader said June 12. The upticks are related to loosened lockdown measures, not a resurgence of the virus running its…
N26 bolsters its business lineup with premium freelancer accounts
This story was delivered to Insider Intelligence Banking Briefing subscribers earlier this morning.Insider Intelligence publishes hundreds of research reports, charts, and forecasts on the Banking industry with the Banking Briefing. You can learn more about subscribing here.The Germany-based neobank launched the N26 Business Metal account, a premium business account for entrepreneurs, freelancers, and the self-employed, per Crowdfund…
Driving a convertible during the COVID-19 pandemic ‘doesn’t present any great risks’
Cars are a great socially distant mobility solution during the COVID-19 pandemic.It's also perfectly safe to drive a convertible during this time, according to Paula Cannon, a molecular microbiology and immunology professor at USC's Keck School of Medicine.The main thing is to make sure the inside of your car hasn't been exposed to the virus.Visit…
